Corporate Flow

Corporate Flow

DCM issuance began to pick up again in March and April after a weak start to the year, though the message remained the same: buyers were more selective than in 2010, and concerned about inflation. Though not generally in need of cash, corporate issuers looking for funding before a potential increase in US interest rates still dominated new deal flow.
Investors biggest concern is inflation, says Jim Harper, director of corporate research at BCP Securities. There are still inflows into the asset class and still deals getting done.
For fixed-income, it is an issue of relocation, says Paul Denoon, head of EM debt at AllianceBernstein. H